Approval of investment policy for Tan Phu 1 and Tan Phu 2 Industrial Clusters

Perspective of Tan Phu 1 Industrial Cluster Project and Tan Phu 2 Industrial Cluster Project.

Accordingly, the investor of the two industrial clusters mentioned above is Saigon Technology - Telecommunication Joint Stock Company. Tan Phu 1 Industrial Cluster has a scale of 74.5 hectares; Tan Phu 2 Industrial Cluster has a scale of 56.5 hectares. Both industrial clusters are located in Dong Cao and Tan Phu wards (Pho Yen City); the total investment capital of the two industrial clusters is over 1,211 billion VND.

The Project's operational period is 50 years from the effective date of the decision. The progress of basic construction and putting the project into operation and exploitation is from the second quarter of 2021 to the end of the fourth quarter of 2025.

The objective of the Project is to trade in real estate, land use rights or owners, users or lessees; trade and lease industrial park infrastructure, warehouses, factories, and storage of goods.

In order for the Project to be implemented in accordance with regulations, the Provincial People's Committee assigned departments, branches and local authorities to coordinate and support investors during the implementation process, while strengthening inspection and supervision to ensure the progress and quality of the Project implementation.

According to the Industrial Cluster Development Plan of Thai Nguyen province for the period 2021-2030 approved by the Prime Minister, there are 41 industrial clusters in the province with a total area of ​​2,067 hectares. Currently, 27/41 industrial clusters have been established with a total area of ​​1,073 hectares, with a total registered capital of VND 10,898 billion; the accumulated capital for site clearance and infrastructure construction is estimated to reach about VND 3,884 billion by the end of April 2025 (an increase of VND 124 billion compared to March).

Source: https://baothainguyen.vn/kinh-te/202505/chap-thuan-chu-truong-dau-tu-cum-cong-nghiep-tan-phu-1-tan-phu-2-c6f0e18/